There was a
lull in the residential real estate market
for about two months in primarily owing to restrictions in carrying cash and
ripples in political situation in the city.

New Launches:

Poonamalle Avantikaat Chromepet

Brigade Xanadu
Ph1 at West Mogappair

Key Precincts

Rent (INR per month for a
1,000 sq ft 2BHK apartment)

Capital Value(INR per sq ft)

Adyar

20,000-30,000

18,000-22,000

Medavakkam

11,000-14,000

4,000-6,000

Tambaram

8,000-15,000

4,000-6,000

Anna Nagar

18,000-25,000

10,000-15,000

Porur

7,000-12,000

4,200-6,200

Sholinganallur

9,000-12,000

4,500-6,000

Policy/Infrastructure

Chennai commuters get 28 km of Metro Rail service out of
the total 45 km planned for the first phase. The government sanctioned the
project in January 2009 at a cost of ₹14,600 crore, and it has so far released
about ₹11,301 crore.